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Markus Brunnermeier of Princeton University, who is on INET's advisory board, is trying to incorporate a richer model of financial breakdowns into a fairly standard macroeconomic model with the help of Yuliy Sannikov of the University of California, Berkeley.
He called for more curbs on big banks, possibly including trimming their size, and he warned that otherwise we're on a path of "increasingly frequent, complex and dangerous financial breakdowns".
– financial breakdowns.161,162.161,162
In the past two decades, 150 major financial breakdowns have affected 130 countries in which central banks have actively used their lender-of-last-resort facilities.
Climate disruption, energy shortages, financial breakdowns, and other critical trends will overtake us long before we can make a sweeping overhaul in the design and functioning of cities and towns that have been a century or more in the making.
So, our interpretation of the study is that, amongst others, also psychological mechanisms exist that can help us understand some aspects of financial breakdowns.
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In today's technically super-efficient Formula One, breakdowns are rare and seldom a decisive factor.
Mr. Moore can play by-the-book Delta breakdowns; he recorded the required Johnson covers on his 1994 debut.
During operation of the Neutral Beam Injector (NBI) of the International Thermonuclear Experimental Reactor ITERR), breakdowns of the acceleration grids will occur routinely.
Tissue plasminogen activator (PLAT) breakdowns blood clots.
Communications breakdown.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com